KT launches ‘KT Cloud Open Space’ Strengthening Local Startup Scene
South Korea’s largest telecom company KT Corporation announced that it established and opened the KT Cloud Open Space. According to KT, it...
Samsung, IBM, M1 Launch 5G and AI-Powered IBM Industry 4.0 Studio
Samsung Electronics and its associates IBM and M1 announced they had established the 5G-enabled IBM Industry 4.0 Studio. IBM is a US-based technology company, while...
Naver, Shinsegae Partner to Strengthen Next-Gen E-Commerce Network
Naver Corp. and Shinsegae Group revealed they had formed a partnership to reinforce their standing in the ever-changing e-commerce industry. Recently, the e-commerce...
FirmaChain, Bluehelix Collaborate to Develop Blockchain-Based Tech
FirmaChain, a global blockchain-based electronic contract platform operator, and Bluehelix Korea stated that they are forming a strategic business partnership. In 2019,...
Naver Affiliate LINE Games Secures 100 Bln Won from China Firm Tencent
LINE Games, a Naver Corporation affiliate, announced it had secured a 100 billion won ($88.14 million) investment from Chinese tech company...
LG, Luxoft Join Hands to Officially Launch Automotive Solution Alluto
LG Electronics announced it would launch a joint venture for enhancing digital and consumer-grade automotive experiences in partnership with Luxoft. Named Alluto, the...
Kakao Mobility Ventures Into Pet Taxi Services with Pet Me Up Acquisition
Kakao Mobility Co., a South Korean online parking and cab-hailing services provider, stated it had acquired Pet Me Up. Launched in...
Samsung Diversifies Customizable Home Appliances with BESPOKE
Samsung Electronics Co. announced it would expand its customizable home solutions lineup to address customers’ increasing premium appliance demand. The South...
LG Innotek, Microsoft Collaborates Cloud-Connected 3D Sensing Camera
LG Innotek announced it has partnered with technology company Microsoft to expand its foothold in the 3D sensing camera market. The South Korean...
CNN’s ‘Reconnect South Korea’ Shows Creators’ Fresh Take on Tradition
CNN's 'Reconnect South Korea' in its 30 minutes special meets the creators, innovators, and adventurers who are reconnecting South Korea...
Hanwha to Strengthen Future Space Industry Growth With ‘Space Hub’
The South Korean defense and mobility company Hanwha Group announced its aerospace task group called Space Hub. To boost the space industry...
Kia Previews K8’s ‘Interior Vision’ Optimized for Modernity and Technology
South Korean automotive manufacturer Kia Corporation showed a preview for the K8, its new premium sports sedan. The K8 sedan is...
KT, LG Uplus Invests 26 Billion Won in SK Telecom’s ONE Store
South Korean telecommunications companies KT Corporation and LG Uplus announced they would support the homegrown app market ONE Store’s growth. Established in 2016, ONE Store is...
Samsung Electro-Mechanics Creates Optical 10x Zoom Folded Camera Module
Samsung’s electronic component manufacturing subsidiary Samsung Electro-Mechanics announced it has developed an optical 10x zoom folded camera module for smartphones. In addition...
South Korea to Unveil Prototype of First Developed Fighter Jet KF-X
South Korea announced it would be showcasing the prototype of the country’s first indigenously developed fighter jet in April. The...
Naver Expand Innovative E-commerce Platform with Wallapop Partnership
Naver Corporation, South Korea’s top web portal operator, revealed it had formed a strategic investment in the Spanish virtual marketplace...
Google Korea Discusses Lower In-App Purchase Commission Rate
Google’s South Korean unit announced they have been discussing with the company headquarters to lower the planned 30 percent commission...
Samsung Display Boosts ESG-Centered Strategies with RBA Membership
Samsung Display Co. stated that the company plans to enhance its environmental, social, and governance (ESG) participation this year. According...
South Korea Partners with Hyundai, LG, KST for EV Battery Reuse
South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) signed a memorandum of understanding with Hyundai Motor, LG Energy Solution,...
Samsung Shuts Down Texas Semiconductor Plant Due to Winter Storms
Samsung Electronics Co. has temporarily shut down its semiconductor plant operations in Austin, Texas. Amid the heavy Texas winter storms, electricity...
